Explain fair presentation and compliance with AAS as set out in the AASB101 Presentation of Financial Statements.
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Question:
- Explain fair presentation and compliance with AAS as set out in the AASB101 Presentation of Financial Statements.
- Explain four general features of financial statements that a business must take into account when preparing financial statements as per the AASB 10 Presentation of financial statements.
- Outline the ATO requirements (including the dates) for reporting fringe benefits tax.
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